Crude oil price shows more bullish bias to test the key resistance 68.64$, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend valid for today, as breaching it will lead the price to turn to rise and recover on the intraday basis, while the next targets for the expected bearish wave are located at 67.00$ followed by 65.50$.

The expected trading range for today is between 66.30$ support and 69.30$ resistance

Trend forecast: Bearish

Silver price shows new negative trades to resume the correctional bearish track, and the way is open to achieve our next waited target at 29.64$, noting that breaking it will push the price to suffer more losses that extend to 28.40$, while the continuation of the bearish wave depends on the price stability below 30.63$ and the most important below 31.63$.

The expected trading range for today is between 30.00$ support and 30.90$ resistance.

Trend forecast: Bearish

Gold price resumes its negative trading to succeed achieving our extended target at 2604.00$, noticing that the price is attacking the bullish trend line to hint heading to achieve more decline on the intraday and short-term basis, which urges monitoring the price according to this support line at 2597.00$, as confirming the break will push the price to rally towards 2555.00$ areas as next negative station.

Therefore, the bearish bias will remain suggested in the upcoming sessions, taking into consideration that failing to confirm breaking 2597.00$ will lead the price to start recovery attempts and build bullish wave on the intraday basis.

The expected trading range for today is between 2580.00$ support and 2610.00$ resistance.

Trend forecast: Bearish

The GBPUSD price resumes its negative trading clearly to move away from 1.2866$ level, which supports the continuation of the expected bearish trend on the intraday and short-term basis, which targets 1.2735$ as a next station.

The bearish channel continues to push the price to achieve more negative targets, while breaching 1.2866$ will stop the bearish wave and lead the price to start recovery attempts on the intraday basis.

The expected trading range for today is between 1.2760$ support and 1.2920$ resistance

Trend forecast: Bearish